SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C.  20549

                                  SCHEDULE TO/A

               TENDER OFFER STATEMENT PURSUANT TO SECTION 14(D)(1)
                     OF THE SECURITIES EXCHANGE ACT OF 1934

                                 AMENDMENT NO. 2
                                 FINAL AMENDMENT

                            (NAME OF SUBJECT COMPANY)

                   CAPITAL REALTY INVESTORS II LTD PARTNERSHIP
                         A MARYLAND LIMITED PARTNERSHIP

                             AT $100.00 NET PER UNIT

                                       BY

               EQUITY RESOURCE LEXINGTON FUND LIMITED PARTNERSHIP,
                       A MASSACHUSETTS LIMITED PARTNERSHIP
                          EQUITY RESOURCES GROUP, INC.,
                           A MASSACHUSETTS CORPORATION
                              EGGERT DAGBJARTSSON,
                                  AN INDIVIDUAL

                            LIMITED PARTNERSHIP UNITS

                  Eggert Dagbjartsson, Executive Vice President
                          Equity Resources Group, Inc.
                                 14 Story Street
                               Cambridge, MA 02138
                                  (617) 876-4800

                            Calculation of Filing Fee

- --------------------------------------------------------------------------------
   Transaction Valuation*                               Amount of Filing Fee
         $1,000,000                                             $200.00
- --------------------------------------------------------------------------------
*  For  purposes  of  calculating the filing fee only.  This calculation assumes
the  purchase  of  10,000  Units  at  a  purchase  price of $100 per Unit in the
Partnership.

[x]  Check  box  if any part of the fee is offset as provided by Rule 0-11(a)(2)
and  identify  the  filing  with  which  the offsetting fee was previously paid.
Identify  the  previous  filing by registration statement number, or the Form or
Schedule  and  the  date  of  its  filing.

[x]           Check  if the filing is a final amendment reporting the results of
the  tender  offer.
- --------------------------------------------------------------------------------
Amount Previously Paid:    $200.00         Filing Party: Equity Resource
Form of Registration No:   Schedule TO                   Lexington Fund
                                                         Limited Partnership
                                                         Not Applicable
                                           Date Filed:   November 19, 2001
- --------------------------------------------------------------------------------

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                                 FINAL AMENDMENT

     This Final Amendment (the Final Amendment) to the Tender Offer Statement on
Tender  Offer  Schedule TO (the Schedule TO) filed by Equity Resources Lexington
Fund  Limited Partnership, a Massachusetts limited partnership, Equity Resources
Group, Inc., a Massachusetts corporation, and Eggert Dagbjartsson, an individual
(together,  the  "Purchaser")  with  the  Securities  and Exchange Commission on
November  19,  2001,  reports the final results of the offer by the Purchaser to
purchase  up  to  10,000 units (the "Units") of limited partnership interests in
Capital Realty Investors II Ltd Partnership, a Maryland limited partnership (the
"Partnership"),  at  $100.00  for  each  Unit,  to  the  seller in cash, without
interest,  less the amount of any distributions declared or paid from any source
by  the  Partnership  with respect to the Units after November 19, 2001 (without
regard  to  the  record  date), upon the terms and subject to the conditions set
forth  in  the  Offer  to  Purchase dated November 19, 2001, previously filed by
Purchaser  as  Exhibit  (a)(1)  to the Schedule TO, and in the Agreement of Sale
dated  November  19,  2001,  previously filed by Purchaser as Exhibit (a)(3), as
each may be supplemented or amended from time to time (which together constitute
the  "Offer"),  and less the $100 transfer fee charged by the general partner of
the  Partnership.

ITEM  4.  TERMS  OF  THE  TRANSACTION

Item  4  of  the  Schedule  TO  is  hereby  amended  and supplemented to add the
following  paragraph:

     The  Offer  expired  at 12:00 Midnight, Eastern Time, on December 19, 2001.
Pursuant to the Offer, the Purchaser has accepted an aggregate of 547 Units at a
price  of  $100 per Unit less the $100 transfer fee, net to the sellers in cash,
for  an  aggregate  amount  of  $51,300.

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                                   SIGNATURES

     After  due  inquiry  and  to the best of my knowledge and belief, I certify
that  the information set forth in this statement is true, complete and correct.
Dated:     Jaunuary 8, 2002               Equity Resource Lexington Fund Limited
                                   Partnership,
                                   a  Massachusetts  limited  partnership

                                        By:     /s/     Eggert  Dagbjartsson
                                                        Eggert  Dagbjartsson
                                                        General  Partner

                                             Equity  Resources  Group,  Inc.
                                             A  Massachusetts  Corporation

                                        By:     /s/     Eggert  Dagbjartsson
                                                        Eggert  Dagbjartsson
                                                        Executive Vice President

                                        Eggert  Dagbjartsson

                                        By:     /s/     Eggert  Dagbjartsson
                                                        Eggert  Dagbjartsson
                                                        Eggert  Dagbjartsson

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                                  EXHIBIT INDEX


                           Exhibit No.     Description
- ---------------------------------------------------------------
(a)(1)  -     Offer  to  Purchase,  dated  November  19,  2001*
- ---------------------------------------------------------------
(a)(2)  -     Transmittal  letter,  dated  November  19,  2001*
- ---------------------------------------------------------------
(a)(3)  -     Agreement  of  Sale*
- ---------------------------------------------------------------
(a)(4)        Summary  Advertisement*
- ---------------------------------------------------------------
(a)(5)--      Not  applicable.
- ---------------------------------------------------------------
(b)  -        Not  applicable.
- ---------------------------------------------------------------
(c)  -        Not  applicable.
- ---------------------------------------------------------------
(d)(1)-       Not  applicable.
- ---------------------------------------------------------------
(e)  -        Not  applicable.
- ---------------------------------------------------------------
(f)  -        Not  applicable.
- ---------------------------------------------------------------
(g)           Not  applicable
- ---------------------------------------------------------------
(h)           Not  applicable.
- ---------------------------------------------------------------
*  Previously  filed

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